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May 14, 2013
05/13
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KPIX
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the irs apologized for scrutinizing groups as they applied for tax exempt status. >> if you've got the irs operating in anything less than a neutral and nonpartisan way, then that is outrageous. >> reporter: the white house is waiting for a full report from the inspector general but congress isn't. lawmakers are pushing for hearings to get to the bottom of how this happened. >> they should apologize to the american people for this. this is a big deal. we're not going to let it rest. >> reporter: house republicans are introducing a bill that would make it a crime for irs workers to discriminate against groups for their political groups. austin is trying to figure out if his group, freedom works, was a target. >> if there were senior irs officials involved in suppressing the free speech rights of some of these groups, you better believe we will be all over it. >> reporter: the irs claims that the practice started with low-level workers but cbs news obtained information showing that officials knew as early as 2011 agents were targeting conservative groups. cbs news the white house. >> rep
the irs apologized for scrutinizing groups as they applied for tax exempt status. >> if you've got the irs operating in anything less than a neutral and nonpartisan way, then that is outrageous. >> reporter: the white house is waiting for a full report from the inspector general but congress isn't. lawmakers are pushing for hearings to get to the bottom of how this happened. >> they should apologize to the american people for this. this is a big deal. we're not going to let it...
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May 18, 2013
05/13
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KPIX
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eye 149
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you can get a tax write off for those. a programmable thermostat, very smart, saves money. ♪ cash money sorry. i see you have allstate claim free rewards, for every year you don't have a claim, you'll get money off your home insurance policy. put it towards... [ glass shatters ] [ girl ] dad! dad! [ girl screams noise canceling headphones? [ nicole ] that's a great idea. [ male announcer ] home insurance that saves you money for not having a claim? that's allstate home insurance with claim free rewards. talk to an allstate agent... [ doorbell rings ] and let the good life in. talk to an allstate agent... [ doorbell rings ] [ dog ] we found it together.upbeat ] on a walk, walk, walk. love to walk. yeah, we found that wonderful thing. and you smiled. and threw it. and i decided i would never, ever leave it anywhere. because that wonderful, bouncy, roll-around thing... had made you play. and that... had made you smile. [ announcer ] beneful. play. it's good for you. >> pelley: a recent kidnapping case in cleveland has focus
you can get a tax write off for those. a programmable thermostat, very smart, saves money. ♪ cash money sorry. i see you have allstate claim free rewards, for every year you don't have a claim, you'll get money off your home insurance policy. put it towards... [ glass shatters ] [ girl ] dad! dad! [ girl screams noise canceling headphones? [ nicole ] that's a great idea. [ male announcer ] home insurance that saves you money for not having a claim? that's allstate home insurance with claim...
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85
May 15, 2013
05/13
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KPIX
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eye 85
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while california has a balanced budget the federal sequester and the payroll tax increase have slowed economic growth. state lawmakers have until june 15th to approve a budget. >>> america's cup is a go. that word coming today from executives with the sailing event. there was some question as to whether the race would be held after last week's accident that killed an olympic sailor. >>> an announcement that all four teams will compete. >> there was not even a thought given this morning at the team's meeting to doing anything but continuing a pace and making plans and preparations for this summer. >> investigators are trying to determine what caused it to capsize last thursday and looking into what safety changes may be needed. >>> we showed you the relaunch of the parkway project and mobile 5 and kim are going to show us how the doyle drive demolition will cause closures. >> reporter: it's coming along pretty well. this is the old viaduct that's going over lincoln boulevard. now if you remember, the roadway was up on top. that was all concrete. that's been removed now and slowly but s
while california has a balanced budget the federal sequester and the payroll tax increase have slowed economic growth. state lawmakers have until june 15th to approve a budget. >>> america's cup is a go. that word coming today from executives with the sailing event. there was some question as to whether the race would be held after last week's accident that killed an olympic sailor. >>> an announcement that all four teams will compete. >> there was not even a thought...
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May 18, 2013
05/13
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CSPAN2
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eye 74
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pay taxes, get the tax rates up. -- tax revenue up. here i would have said that with this government, there's going to be a sort of tussle going on with the new government. on the one hand, there are people like -- who understand the issue of taxes. and i think the problem with a stable, strong majority government -- i'm sorry. the advantage of a stable strong majority government is that the vat -- value add tax considered and proposed by the peoples' party couldn't push it through due to the opposition which threatened to leave the coalition if in fact this tax was developed. that's not an issue anymore. but even so at that time unfortunately calls for it in the senate. i'm not sure -- [inaudible] the other problem is if you are a poor business, and you are very poor in the private sector, you are reluctant to raise taxes on income taxes and corporate taxes. so the question to me that would ask where are the revenue going to come from? they have to come from somebody. they will be taken, i'm sure. on the expenditure side, there's anot
pay taxes, get the tax rates up. -- tax revenue up. here i would have said that with this government, there's going to be a sort of tussle going on with the new government. on the one hand, there are people like -- who understand the issue of taxes. and i think the problem with a stable, strong majority government -- i'm sorry. the advantage of a stable strong majority government is that the vat -- value add tax considered and proposed by the peoples' party couldn't push it through due to the...
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May 17, 2013
05/13
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MSNBCW
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eye 75
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and that goes to this specific section of our tax code. i think experts should address that, not me. but if there need to be improvements in how that is -- adjudicated and applied, that's one thing. on the matter at hand here as the president has been very clear, the behavior articulated in the ig report is unacceptable. and regardless of the intent -- >> alex wagner, i think it's clear now that the president is aware that there is something funny. because in the last couple days, he has said we have to look at the law. we have to look at the law. and make sure it's being interpreted correctly, which is his way of signaling, there is a solution in this law. but the politics of this are very, very simple. if the irs has bothered anyone, your job as a politician is to attack the irs. that's why there is not one elected official in washington standing up going, excuse me, actually, some of what they do, they do pretty well. like this is not -- >> that's why the tax man cometh is a bad thing and not a heralding proclamation. i think, actually,
and that goes to this specific section of our tax code. i think experts should address that, not me. but if there need to be improvements in how that is -- adjudicated and applied, that's one thing. on the matter at hand here as the president has been very clear, the behavior articulated in the ig report is unacceptable. and regardless of the intent -- >> alex wagner, i think it's clear now that the president is aware that there is something funny. because in the last couple days, he has...
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May 17, 2013
05/13
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CSPAN2
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tax-exempt? i believe if you're going to have a political statement you have a right to have that but you don't have a right right to have a tax-exempt and no one is asking that question, why are those groups allowed in there and i think when we look at that question that is when the real meat of the subject will begin to be talked about. >> host: lets you with the folks on twitter are saying using the hashtag irs. this is from jennifer re-tweets does the gop think they sound intelligence with their method of question and another from greensboro north carolina. it's fair simple transparent and does the way the agency's ability to persecute. the one from cr says i think it would be more efficient to replace miller with a cardboard cut out for congress to yell at and finally from naomi, i don't know who raises these folks but none of them have a conscience that tells them that they must tell the truth. the hashtag is irs. christine and grande new mexico. democrats lined? regarding there? i think we
tax-exempt? i believe if you're going to have a political statement you have a right to have that but you don't have a right right to have a tax-exempt and no one is asking that question, why are those groups allowed in there and i think when we look at that question that is when the real meat of the subject will begin to be talked about. >> host: lets you with the folks on twitter are saying using the hashtag irs. this is from jennifer re-tweets does the gop think they sound intelligence...
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May 16, 2013
05/13
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CNBC
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eye 101
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if you factor in the tax differential. remember the dividends are taxed much more favorably from difsd tan bond, cisco and microsoft were brimming with cash. leak to many others in the nasdaq, they can easily take the dividends much higher. lets be more definitive. yes among the cheapest, we now would be flabbergasted with those valuations. we'd be, sell, sell, sell, every minute. needless to sell, nasdaq's leader only sells at 10 times earning, which represent, frankly, deep value. not just during the dot-com era but this one, too. so by the most obvious of definition, the earlier froth vs. now the comparison, facttuous. how about the s&p 500? you say the nasdaq, let's talk about the s&p. that's brigger, that's broader. here, the 1999 period simply isn't of value. s&p was actually the place to be. instead, we got to go back to the period leading up to it didn't get killed, we got to go up to the great crash of 1987, another period i'm quite familiar with. using this plateau where the rally started to peak from december 30
if you factor in the tax differential. remember the dividends are taxed much more favorably from difsd tan bond, cisco and microsoft were brimming with cash. leak to many others in the nasdaq, they can easily take the dividends much higher. lets be more definitive. yes among the cheapest, we now would be flabbergasted with those valuations. we'd be, sell, sell, sell, every minute. needless to sell, nasdaq's leader only sells at 10 times earning, which represent, frankly, deep value. not just...
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May 16, 2013
05/13
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CSPAN
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the taxes would be paid and they are called the tax gap. if you have an idea of the size of the and the bad economy, you isolate the factors that influence the size of the and the gawdy economy. you have a number of easily recognized factors that consistently have been found to affect the size of the and did not the economy. when people are engaging in the underground economy and they are being irrational, they are engaging in tax evasion. the benefits of the dating taxes, if you succeed, you have more income. the data we have indicates that there are more households that spend almost all of it. sometimes people also get a secondary gain from an income tax evasion. the best example i can give it is if there is an unpopular war people have a resentment toward it. they undertake measures to try to avoid financing by finding ways they can underreport their income. the equivalent of it is to exaggerate their expenses and deductions on schedule c and their declarations on schedule 1040a. influencech of this the size of the underground economy. u
the taxes would be paid and they are called the tax gap. if you have an idea of the size of the and the bad economy, you isolate the factors that influence the size of the and the gawdy economy. you have a number of easily recognized factors that consistently have been found to affect the size of the and did not the economy. when people are engaging in the underground economy and they are being irrational, they are engaging in tax evasion. the benefits of the dating taxes, if you succeed, you...
SFGTV2: San Francisco Government Television
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May 15, 2013
05/13
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SFGTV2
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it benefits us the truth about $55 million in tax revenue. nightlife is the only significant industry in this city that sometimes gets treated at times as it is a nuisance, a problem to be managed. and of course, we have to focus on making sure it is safe and that people are complying with the laws and that we are not having shooting. but when you get so focused on combating the negatives -- every industry has the negatives. you can sometimes lose sight of positives and we know there are a huge positives for nightlife in the city. we know that a lot of our street shares are at risk -- street fairs are at risk of being given fees to death. we have completely outdated the planning commission like that mission how are used district, which makes it extremely hard to do anything alcohol related in a big swath of the mission. there was a bowling alley that wanted to go in at 17th and van ness and they were not going to be able to do it because they would have been banned from even selling beer. that is the tip of the iceberg in terms of planning pr
it benefits us the truth about $55 million in tax revenue. nightlife is the only significant industry in this city that sometimes gets treated at times as it is a nuisance, a problem to be managed. and of course, we have to focus on making sure it is safe and that people are complying with the laws and that we are not having shooting. but when you get so focused on combating the negatives -- every industry has the negatives. you can sometimes lose sight of positives and we know there are a huge...
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May 18, 2013
05/13
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FOXNEWS
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>> this was just in the tax exempt division and that is the group that is tax exempt. you have to apply for that. this is just in that and targeting of groups on idea logical groupeds and look for someone with tea party in their name or numb- 12 or stougz -- constitution in their names. all of us deal with the irs in terms of our respective taxes and clearly the fear is that this sort of targeting could have gone on outside just this tax exempt division in cincinnati. >> real quickly. i want to get your response on sarah hall ingram, she was the woman in charge while that was going on in the tax exempt division. now she's in charge leading the implementation of obama care for all americans, health care, the new affordable health care act. what is it that communicate to you? >> that has republicans nervous. people don't know how big of a part of the obama care is played by the irs. that is the enforcer of obama care and have to submit a w9 or 2 form softballing that you have coverage. if you are going to get a subsidy, and you have to report changes in your income to th
>> this was just in the tax exempt division and that is the group that is tax exempt. you have to apply for that. this is just in that and targeting of groups on idea logical groupeds and look for someone with tea party in their name or numb- 12 or stougz -- constitution in their names. all of us deal with the irs in terms of our respective taxes and clearly the fear is that this sort of targeting could have gone on outside just this tax exempt division in cincinnati. >> real...
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May 16, 2013
05/13
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KRON
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there are doing this because of not paying taxes. maybe if the obama administration stimulate the economy--they give it to the shareholders, they will spend it. >> you said yesterday that all paper a look like a good company. a lot of these tech giants included are having problems with delivery. they're having a tough time run. more and more data still continues as cisco was on ok. >> we would check back with rabin at 915 with our winners and losers. >> i do want to start out with a live look as storm tracker 4 we are seeing a lot of green on the map. we are seen light rain and not all of it is reaching the ground. i want to zoom in to see if it is raining in your neighborhood. this includes ocean beach, richmond and even north beach. for those of you that are driving across the upper deck of the bay bridge. most of our east bay spots, the heavier rain are in alameda and contra costa county. the great is darker for those of you coming out of tracy. >> we are testing the drive breaks for concord and walnut creek. check out the south b
there are doing this because of not paying taxes. maybe if the obama administration stimulate the economy--they give it to the shareholders, they will spend it. >> you said yesterday that all paper a look like a good company. a lot of these tech giants included are having problems with delivery. they're having a tough time run. more and more data still continues as cisco was on ok. >> we would check back with rabin at 915 with our winners and losers. >> i do want to start out...
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May 12, 2013
05/13
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KPIX
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eye 68
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voting for six out of 35 ways to spend $3.2 million raised through a voter approved tax. and the proposals vary from money for school marching bands to improvements to mare island park from new armored vehicles for emergency responders to fitness equipment at the waterfront. many are voting for street reprayer. for other it's park improvements. >> extremely extremely disgusting. >> reporter: vallejo is the first city in the country to do this at a cost of $200,000. they've been narrowing down the choices for monos all leading up to this week of voting. >> we're coming out of bankruptcy. we're trying to reinvent our image. >> reporter: the decisions being made today are only advisory to the city council. the council has to make the final decision and they have some tough choices on their hands. they have now a projected $5.5 million budget deficit for the next year. >> i think we're expecting that the council will honor the will of the voters. >> no it's not going to be binding. but it's like -- a yes with a maybe. >> we live in this town, they need to start listening. if
voting for six out of 35 ways to spend $3.2 million raised through a voter approved tax. and the proposals vary from money for school marching bands to improvements to mare island park from new armored vehicles for emergency responders to fitness equipment at the waterfront. many are voting for street reprayer. for other it's park improvements. >> extremely extremely disgusting. >> reporter: vallejo is the first city in the country to do this at a cost of $200,000. they've been...
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May 17, 2013
05/13
by
CNBC
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eye 75
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if you factor in the tax differential, remember the dividends are taxed much more favorably than income from bonds, cisco and microsoft were brimming with cash. like many others in the nasdaq, they can easily take the dividends much higher. lets be more definitive. yes, among the cheapest, we now would be flabbergasted with those valuations. we'd be, sell, sell, sell, every minute. needless to say, nasdaq's leader apple only sells at 10 times earning, which represents, frankly, deep value. not just during the dot-com era but this one, too. so by the most obvious of definitions, the ultimate era of froth vs. now the comparison, fatuous. how about the s&p 500? you say the nasdaq, let's talk about the s&p. that's bigger, that's broader. here, the 1999 to 2000 period simply isn't of value. s&p was actually the place to be. instead, we got to go back to the period leading up -- it didn't get killed, we got to go up to the great crash of 1987, another period i'm quite familiar with. using this plateau where the rally started to peak from december 30th of 1986 to august 24th of 1987, the s&p r
if you factor in the tax differential, remember the dividends are taxed much more favorably than income from bonds, cisco and microsoft were brimming with cash. like many others in the nasdaq, they can easily take the dividends much higher. lets be more definitive. yes, among the cheapest, we now would be flabbergasted with those valuations. we'd be, sell, sell, sell, every minute. needless to say, nasdaq's leader apple only sells at 10 times earning, which represents, frankly, deep value. not...
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May 20, 2013
05/13
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FBC
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eye 64
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you can say the problem's the tax code, but look, this is like watergate to me. i mean, these allegations are true, i mean, you know, the white house and the administrationusing the government to kill their political opponents. >> where but remember at the same time sarah ingram who headed up that office having to do with all these issues they're looking into about tax-exempt organizatis is now heading up the affordable care office under the irs. gerri: unbelievable. >> so if you think it's going to get btter, america,ar the door, sally. it is not going to get better with this same organization, this same group, same people looking into your paycheck to find out whether you've got heal care or not. gerri: i want you to hear a story we reported not too long ago. the irs overpaying $13.5 billion on the earned income tax crit, that program for low income families in 2012. it's just mtake after gaffe afr oops, i can't answer th qution. what needs to happen here? >> yeah,hat they need to do is put people in place when they go to washington, they're stepping down in th
you can say the problem's the tax code, but look, this is like watergate to me. i mean, these allegations are true, i mean, you know, the white house and the administrationusing the government to kill their political opponents. >> where but remember at the same time sarah ingram who headed up that office having to do with all these issues they're looking into about tax-exempt organizatis is now heading up the affordable care office under the irs. gerri: unbelievable. >> so if you...
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May 17, 2013
05/13
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KICU
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. >>> they city of herculey, woulden crease the city's tax to raise about $1 million. they say they're optimistic about the issue. >> wecouning about outsourcing. >> we'd probably have to go to the county. >> city officials expect programs for teens and seen yors would also be cut. >>> warmer weather in store for the weekend. >> our meteorologist will let us know about which day will be the nicest. is is . >>> dozens of palm trees are enfected enfected or dying. >> it reduces the tree's ability to absorb moisture. >> 34 others of showing signs of infection. >> is it costs $35,000 to replace each one of those trees. >> public works is working on the problem. >>> we've got the timing for the weekend just in time. >> we've got the warming one, as well. >> temperatures by sunday would be approaching the upper 60s in the warmest locations. >> as far as today, we had some clouds, even a few light showers or sprinkles this morning. >> temperatures ranging from the upper 50s near pacifica to fairfield and antioch. >> just a clear check as you can see toward arkansas moving tow
. >>> they city of herculey, woulden crease the city's tax to raise about $1 million. they say they're optimistic about the issue. >> wecouning about outsourcing. >> we'd probably have to go to the county. >> city officials expect programs for teens and seen yors would also be cut. >>> warmer weather in store for the weekend. >> our meteorologist will let us know about which day will be the nicest. is is . >>> dozens of palm trees are enfected...
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May 14, 2013
05/13
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MSNBCW
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eye 96
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. >> obama's solution is to spend even more and raise taxes? really? we've got to take away president obama's blank check. >> hasn't your social welfare been improved by seeing that? nothing to do with the election, right? when president george w. bush was in office, those were called 527s. under president barack obama, the type on the right, those are called 501c4 organizations. there are some democratic leaning 501c4s, as well. they tend to look something like this. >> cheering on our colleges and their students, something we're all in favor of, but republicans want to take away that support. but president obama has a plan to help. >> it's a joke, right? it's a joke that these groups are not set up to be political actors, but tax law says that intervening in elections can't be most of what these groups are about. and it is an absolute farce. but that is the tax code and after citizens united cleared the way for unlimited donations, the number of these types of groups in american politics went from something like 1,500 for the 2010 elections to someth
. >> obama's solution is to spend even more and raise taxes? really? we've got to take away president obama's blank check. >> hasn't your social welfare been improved by seeing that? nothing to do with the election, right? when president george w. bush was in office, those were called 527s. under president barack obama, the type on the right, those are called 501c4 organizations. there are some democratic leaning 501c4s, as well. they tend to look something like this. >>...
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May 19, 2013
05/13
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CSPAN
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eye 115
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they get state tax, property tax exempts, postal rate reductions. these are significant benefits in addition to just tax exemption and we have to look at them. many are small organizations that go through quickly and some are large organizations that we need to take a look at. the largest hospital systems, the largest universities, there are large organizations. then you look at issues within them. we look for, is there private benefits? is there political activity again. c-3 no political activity is permissible. c-4, some. those are things we try to look at. we try to move them along as fast as we can. we do not have enough people. >> you don't have enough staff but you're clear of the criteria. >> time has expired. >> this will be a continuing conversation. >> mr. smith is recognized for five minutes. >> can you define political activity as relates to the agency and the applications? >> political activity has some limits. you need a candidate, you need a candidate for public office. that sort of what you need for it to be a political campaign acti
they get state tax, property tax exempts, postal rate reductions. these are significant benefits in addition to just tax exemption and we have to look at them. many are small organizations that go through quickly and some are large organizations that we need to take a look at. the largest hospital systems, the largest universities, there are large organizations. then you look at issues within them. we look for, is there private benefits? is there political activity again. c-3 no political...
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May 15, 2013
05/13
by
KTVU
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in november. >> we've climbed out of a hole with a proposition tax. that's good but this is not the time to break out the champane. >> reporter: republicans say they approve of the governor's pledge to hold the line on new spending. >> and it's just a battle between him and his peeps. not so much us. >> reporter: democrats say fiscal discipline is their priority but they will face pressure from people. >> i've only received $516 a month. >> reporter: diana stood with social welfare advocates demanding programs be restored now that revenues are up. leana says cuts prevent her from getting a college education or a job. >> not fair what we have to live through and i'm asking that you save lives and not save money. >> reporter: restoring those safety net cuts may be the big fight as lawmakers draw up their version of the budget due next month. in sacramento, ken pritchett. >> ken just told us one of the big parts of the governor's budget is money going to education. k through 12 spending came in at $37 billion. that was for the 2011-2012 fiscal year. it's
in november. >> we've climbed out of a hole with a proposition tax. that's good but this is not the time to break out the champane. >> reporter: republicans say they approve of the governor's pledge to hold the line on new spending. >> and it's just a battle between him and his peeps. not so much us. >> reporter: democrats say fiscal discipline is their priority but they will face pressure from people. >> i've only received $516 a month. >> reporter: diana...
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May 14, 2013
05/13
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KTVU
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eye 114
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they are tar getting truth any and the internal revenue service were also involved and they wanted tax exempt status and according to that report, it meant the practice was not restricted to one office in cincinnati but some bay areas they tried to get tax exempt status. >> as for their donors, for their contributors and there was no way they began targeting a tea party group and the acting internal revenue service commissioner is due to testify. they are asking about reports that the justice department secretly obtained records and coming up, the extend of the records' found snooping after spending two nights in her car. the woman's car veered off in sonoma county. the car rolled 0 feet down an end bank. and landed on its roof. the woman is now being treated for broken bones. starting tonight, doyle drive will be closed monday and saturday and that's the last section of the old doyle drive so that it can be removed. the work is expected to last at least the rest of this month. sal is back, you are watch being the each shore and everything else. >> traffic on the east shore freeway sti
they are tar getting truth any and the internal revenue service were also involved and they wanted tax exempt status and according to that report, it meant the practice was not restricted to one office in cincinnati but some bay areas they tried to get tax exempt status. >> as for their donors, for their contributors and there was no way they began targeting a tea party group and the acting internal revenue service commissioner is due to testify. they are asking about reports that the...
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300
May 15, 2013
05/13
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KGO
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. >> add to that looming cuts and a higher payroll tax forcing worker foz spend less and the surplus sthant big. >> i'm trying to find the right balance between spending and holding on. >> thanks to approval of higher taxes under prop 30, schools come out big winners in the revision. nearly $3 billion more. $1 billion helping implement more rigorous academics and the rest a plan to give more money to school districts to have a higher ratio of students. and as california begins to implement the federal affordable care act governor brown added nor money to medical as the program takes on millions of uninsured residents. >> i need help. >> single moms in northern cal works are stunned over what is not in the governor's revised budget. none of the previous year cuts were restored and monthly benefits remain naul small. they thought helping pass prop 30 would be more money for their program too,. >> i'm begging you help us the way you came to our community and asked to us help you pass this proposition. >> anybody tliz is spare change around has not read the budget. >> cal works mom woz l
. >> add to that looming cuts and a higher payroll tax forcing worker foz spend less and the surplus sthant big. >> i'm trying to find the right balance between spending and holding on. >> thanks to approval of higher taxes under prop 30, schools come out big winners in the revision. nearly $3 billion more. $1 billion helping implement more rigorous academics and the rest a plan to give more money to school districts to have a higher ratio of students. and as california begins...
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121
May 16, 2013
05/13
by
KOFY
tv
eye 121
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the irs held up the application for tax exempt status for three years. mark matthews met with her are this afternoon and has the story. >> ginny rafini says she just found out about the the accusations. >> i got a phone call from a reporter are saying can i interview you because i heard you were one of the ones targeted. >> reporter: she has known for years that her request for tax exempt status was getting the run around. she first applied in 2009. >> after numerous phone calls my accountant trying to get ahold of them to find out why the delay. >> reporter: it wasn't until january of this year that she got a letter like this one from the irs requesting additional information. >> they wanted to know the names addresses and telephone numbers of anybody who donated to us even though i was applying for a 501-c (4) which doesn't require that i give that information. they wanted every e-mail i had ever sent ought and the transcripts from ever are speech frommy speaker at any event. >> reporter: she called her congressman to complain. >> they were making dema
the irs held up the application for tax exempt status for three years. mark matthews met with her are this afternoon and has the story. >> ginny rafini says she just found out about the the accusations. >> i got a phone call from a reporter are saying can i interview you because i heard you were one of the ones targeted. >> reporter: she has known for years that her request for tax exempt status was getting the run around. she first applied in 2009. >> after numerous...
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May 15, 2013
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it comes after the irs admitted it flagged applications for tax- exempt status from conservative groups like the tea party. susan mcginnis has the latest. >>> reporter: a report from the treasury department's inspector- general blames ineffective management at the irs for the unfair targeting of conservative political groups. it says the agency allowed inappropriate criteria to be developed and stay in place for more than 18 months causing substantial delays for tea party groups applying for tax- exempt status. while the irs originally blames the actions on low level employees in its cincinnati office, this report singles out supervisors in washington, d.c. who oversaw the workers there. president obama issued a statement calling the report's findings intolerable and inexcusable. earlier, attorney general eric holder launched a justice department investigation. >> we are examining the facts to see if there were criminal violations. >> reporter: lawmakers are also conducting their own investigation. many are furious that acting irs commissioner steven miller failed to reveal the miscondu
it comes after the irs admitted it flagged applications for tax- exempt status from conservative groups like the tea party. susan mcginnis has the latest. >>> reporter: a report from the treasury department's inspector- general blames ineffective management at the irs for the unfair targeting of conservative political groups. it says the agency allowed inappropriate criteria to be developed and stay in place for more than 18 months causing substantial delays for tea party groups...
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May 15, 2013
05/13
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so they created something called a use tax. and i say the use tax is a contrived tax. they can't tax an event outside of their borders so they try to tax something inside their borders, so it is contrived in a sense that it is owed if you didn't pay a tax on it already. what kind of a tax is that? it is an uncollectable tax and states haven't exerted much effort to collect that tax. we aren't here to become tax collectors of the states. and i want to remind the states. a large portion of my district is rural. we don't have stores to buy everything that they would like to be able to purchase. a lot of folks go online. folks who are disabled who can't get to the store go online. this will punish those individuals who have the least mobility because they are online shopping and diminishes opportunities for businesses in rural areas by taxing those businesses that don't have a marketplace immediately in their vicinity. look, we have heard from big business. we have heard from lobbyists and state governments but there is someone absent and it is our constituents and we need
so they created something called a use tax. and i say the use tax is a contrived tax. they can't tax an event outside of their borders so they try to tax something inside their borders, so it is contrived in a sense that it is owed if you didn't pay a tax on it already. what kind of a tax is that? it is an uncollectable tax and states haven't exerted much effort to collect that tax. we aren't here to become tax collectors of the states. and i want to remind the states. a large portion of my...
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May 16, 2013
05/13
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FOXNEWSW
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you can get a tax write off for those. a programmable thermostat, very smart, saves money. ♪ cash money sorry. i see you have allstate claim free rewards, for every year you don't have a claim, you'll get money off your home insurance policy. put it towards... [ glass shatters ] [ girl ] dad! dad! [ girl screams ] noise canceling headphones? [ nicole ] that's a great idea. [ male announcer ] home insurance that saves you money for not having a claim? that's allstate home insurance with claim free rewards. talk to an allstate agent... [ doorbell rin ] and let the good life in. >> greta: a fox news alert, president obama announcing the resignation of irs acting commissioner steven miller, but is that enough for speaker of the house john boehner? >> my question isn't about who's going to resign. my question is who's going to jail over the scandal? >> greta: and tea party caucus chair michelle baucus causing this a stunning abuse of power. is one resignation enough? good to see you. >> nice to see you, greta. >> greta: he wa
you can get a tax write off for those. a programmable thermostat, very smart, saves money. ♪ cash money sorry. i see you have allstate claim free rewards, for every year you don't have a claim, you'll get money off your home insurance policy. put it towards... [ glass shatters ] [ girl ] dad! dad! [ girl screams ] noise canceling headphones? [ nicole ] that's a great idea. [ male announcer ] home insurance that saves you money for not having a claim? that's allstate home insurance with claim...
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May 20, 2013
05/13
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goes all the way from central tax tax through dallas-ft. worth through the great lakes. i mean, the area of red is where we had the best chance of seeing the tornadoes today. so it's almost the same spots as yesterday. the tornadoes will form about 4:00 to 6:00 late this afternoon oklahoma city to wichita falls and track northeast, those supercells that could produce tornadoes at any time will arrive later this evening into areas of southern missouri and arkansas. so again, another tornado outbreak. i think today will probably be the last day of the conditions that we've been seeing. and that storm, by the way, is located in the upper right-hand corner of your screen over top of the dakotas. because that storm has been where it is and hasn't moved much, we had a pretty great weekend in many areas of the west. one more nice day for you today. beautiful day. look at southern portions of oregon. 85 degrees. san francisco, that's a great day. 74 and sunny. even l.a. is looking nice. same with vegas. and phoenix, a little warmer at 98. enjoy it. looks like rain on the way for
goes all the way from central tax tax through dallas-ft. worth through the great lakes. i mean, the area of red is where we had the best chance of seeing the tornadoes today. so it's almost the same spots as yesterday. the tornadoes will form about 4:00 to 6:00 late this afternoon oklahoma city to wichita falls and track northeast, those supercells that could produce tornadoes at any time will arrive later this evening into areas of southern missouri and arkansas. so again, another tornado...
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May 17, 2013
05/13
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MSNBCW
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why should these groups be tax-free then? >> they're got giving campaign contributions. >> oh. >> what they're doing is they're exercising their fundamental -- >> in other words, if it doesn't go for the candidate -- >> you're talking about -- >> here's the question. are the republicans smart to focus on the democrats when they're down on the irs? i think the irs is a problem unless they fire a lot of people and act as angry as republicans are pleased of this. that's my thought. do you think something big has to be done at irs? >> they should find out who did what wrong and those people should be punished. absolutely. democrats and republicans. fired. they should be fired. absolutely should be fired. >> as long as they're still. >> they should be heard. the issue with this letter, it's great advice to the house republican congress, is it represents exactly what people hate in washington which is only focus on partisan posturing and ways to hurt your political opponents instead of doing your job to solve the country's problems
why should these groups be tax-free then? >> they're got giving campaign contributions. >> oh. >> what they're doing is they're exercising their fundamental -- >> in other words, if it doesn't go for the candidate -- >> you're talking about -- >> here's the question. are the republicans smart to focus on the democrats when they're down on the irs? i think the irs is a problem unless they fire a lot of people and act as angry as republicans are pleased of...
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May 15, 2013
05/13
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. >> add to that looming cuts and a higher payroll tax forcing worker foz spend less and the surplus sthant big. >> i'm trying to find the right balance between spending and holding on. >> thanks to approval of higher taxes under prop 30, schools come out big winners in the revision. nearly $3 billion more. $1 billion helping implement more rigorous academics and the rest a plan to give more money to school districts to have a higher ratio of students. and as california begins to implement the federal affordable care act governor brown added nor money to medical as the program takes on millions of uninsured residents. >> i need help. >> single moms in northern cal works are stunned over what is not in the governor's revised budget. none of the previous year cuts were restored and monthly benefits remain naul small. they thought helping pass prop 30 would be more money for their program too,. >> i'm begging you help us the way you came to our community and asked to us help you pass this proposition. >> anybody tliz is spare change around has not read the budget. >> cal works mom woz l
. >> add to that looming cuts and a higher payroll tax forcing worker foz spend less and the surplus sthant big. >> i'm trying to find the right balance between spending and holding on. >> thanks to approval of higher taxes under prop 30, schools come out big winners in the revision. nearly $3 billion more. $1 billion helping implement more rigorous academics and the rest a plan to give more money to school districts to have a higher ratio of students. and as california begins...
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May 13, 2013
05/13
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FBC
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the leading anti-tax group. were they target snd a brand new hour of "varney & company" starts in a couple of minutes. a trust. didn't know it at the time. and last season's election campaign affected by this-- bill o'reilly show the mother of one of the americans killed said the president misled her to her face about the attack. when he knew the truth, mr. obama told her hat chaied, that's a serious, serious breach of trust. and criticize the way that the government was run and offered education on the word tea party and you got extra irs scrutiny. and it would be deliberate intimidation of the opponents. president obama's campaign benefitted from that. look what happened here. it uses the tax system to its own advantage and richard nixon did that and you cannot trust the government that covers up the incompetence and you cannot trust the political apparatus that would do anything to win. here is the most troubling question, and will anything happen? will this administration be held accountable? can they do any
the leading anti-tax group. were they target snd a brand new hour of "varney & company" starts in a couple of minutes. a trust. didn't know it at the time. and last season's election campaign affected by this-- bill o'reilly show the mother of one of the americans killed said the president misled her to her face about the attack. when he knew the truth, mr. obama told her hat chaied, that's a serious, serious breach of trust. and criticize the way that the government was run and...
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May 15, 2013
05/13
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that is not what you want in your tax collectors. dagen: no, but we get everything from you that we want and need always. judge, thank you. judge andrew napolitano. >> whatever i am, it is a delight to be on with both of you. connell: so much love in the room. dagen: remember, too losers make a winner. connell: the soli scandal in washington, the judge is getting into this. it could -- dennis and cheryl are all over that as markets now continues. dagen: more news on housing. an exclusive interview with the ceo of the national homebuilders association. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.. futures move first. lrn futures from experienced pros with dedicated chats and daily live webinars. and trade witith papermoney to test-drive the market. ♪ all on thinkorswim. from tdmeritrade. ♪ cheryl: we are fast approaching noon eastern time. hello, everyone. i am cheryl casone. dennis: i am dennis kneale. some were the president could squander his second term on defe
that is not what you want in your tax collectors. dagen: no, but we get everything from you that we want and need always. judge, thank you. judge andrew napolitano. >> whatever i am, it is a delight to be on with both of you. connell: so much love in the room. dagen: remember, too losers make a winner. connell: the soli scandal in washington, the judge is getting into this. it could -- dennis and cheryl are all over that as markets now continues. dagen: more news on housing. an exclusive...
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May 13, 2013
05/13
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KGO
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. >> reporter: the irs is apologizing, saying none of the groups scrutinized had its tax exempt status revoked, but acknowledged some withdrew their applications. the agency also blaming three lower level employees, insisting no high level officials knew about the targeting. >> how stupid do they think we are? >> reporter: some groups were even asked for a list of donors. >> it's very disappointing that the president hasn't personally condemned this. >> reporter: the white house insists this was not a political witch hunt but also admits this isn't over. >> the president would expect that it be thoroughly investigated. >> reporter: tea party members say it's not good enough. >> they're abusing the power in the irs. it's completely unacceptable. >> reporter: house majority leader eric cantor says he plans on launching an investigation, david. >> so, reena, the irs under fire. while we have you, the drum beat on benghazi, i know, continues after our jon karl's exclusive reporting, those changes to the talking points at the high le l levels at the state department. here's what john mccain
. >> reporter: the irs is apologizing, saying none of the groups scrutinized had its tax exempt status revoked, but acknowledged some withdrew their applications. the agency also blaming three lower level employees, insisting no high level officials knew about the targeting. >> how stupid do they think we are? >> reporter: some groups were even asked for a list of donors. >> it's very disappointing that the president hasn't personally condemned this. >> reporter:...
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May 17, 2013
05/13
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the government's former top tax checker faced tough questions this morning on capitol hill. >>> ousted irs commissioner steven miller testified before the houseways and means committee. he admitted the irs's behavior were wrong but insisted they were not motivated by politics. >> you can assure us there was absolutely no sharing of this information -- >> -- and others will look at that but i would be shocked congressman if that happened, shocked. >> it was called after they acknowledged they targeted the tea party and other groups who asked for tax-exempt status. >>> statewide unemployment rates released today show the jobless rate here has taken a significant drop. according to the state employment development department the unemployment rate fell to 9% in april. that is down from 9.4% the month before. it is also the lowest it has been since november 2008. the e d d says california added more than 273,000 jobs since the same period one year agonchts after days of responding to the irs scandal the president this morning turned the spotlight to the economy during a visit to baltimore.
the government's former top tax checker faced tough questions this morning on capitol hill. >>> ousted irs commissioner steven miller testified before the houseways and means committee. he admitted the irs's behavior were wrong but insisted they were not motivated by politics. >> you can assure us there was absolutely no sharing of this information -- >> -- and others will look at that but i would be shocked congressman if that happened, shocked. >> it was called...
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May 15, 2013
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so much whether it is the value-added tax, capital tax, income tax rates will almost anything that moves like this like the device tablet, cellphone taxes, everything. stuart: i just wanted to get to that because as i understand it there is a new tax on cellphones and tablets and revenues going to be used to support the arts. >> france has a minister of culture and they have a right to culture which i am sure is quite rare and there's already a tax on tv and radio to support culture and they want to impose it on all devices weather is weak, and nintendo, cellphones, tablets, everything. stuart: i am and englishmen and consider myself a refugee and very happy in america. you are basically french but you are a refugee. >> i wish things were better here but i am very happy and 50% of french people between the age of 18, and 34 would like to do with you and i did years ago. years ago and exit. it's telling you something. >> it really is. welcome aboard. i'm sure you came after me, but good to have you here. thanks for joining us. see us again. then we have the unions pulling out all the stop
so much whether it is the value-added tax, capital tax, income tax rates will almost anything that moves like this like the device tablet, cellphone taxes, everything. stuart: i just wanted to get to that because as i understand it there is a new tax on cellphones and tablets and revenues going to be used to support the arts. >> france has a minister of culture and they have a right to culture which i am sure is quite rare and there's already a tax on tv and radio to support culture and...
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May 17, 2013
05/13
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i'm happy for them. >> the winning coworkers will get more than $26,000 each after taxes. that's not bad. >> he didn't sound very excited. >> no. he was. >> $26,000, that's not bad. >> take it. >>> 4:50. coming up, a new government study may have you thinking twice before you jump into a public pool. >> plus, bacon backlash. the bay area restaurant forced to close down and pack up. >> from ostrich to kangaroo, an uproar on what's on the menu at another bay area restaurant coming up. ,,,,,, [ female announcer ] the one for all. mcdonald's dollar menu, home of the meaty, melty mcdouble you love... ♪ ...and other amazing tastes, for just a dollar each. ♪ like the bold hot n spicy mcchicken, and the new grilled onion cheddar burger topped with caramelized onions and melted white cheddar. everyday, as always, there's a lot to love for a little on mcdonald's dollar menu. >>> pleasant hill looking good, lots of sunshine, temperatures 70s on saturday, some 80s by sunday. >> still a lot of overnight roadwork out there including looks like they are making lane changes right now
i'm happy for them. >> the winning coworkers will get more than $26,000 each after taxes. that's not bad. >> he didn't sound very excited. >> no. he was. >> $26,000, that's not bad. >> take it. >>> 4:50. coming up, a new government study may have you thinking twice before you jump into a public pool. >> plus, bacon backlash. the bay area restaurant forced to close down and pack up. >> from ostrich to kangaroo, an uproar on what's on the menu at...
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May 15, 2013
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all part of an effort to single out tea party organizations that were aplaying for tax exempt status for extra scrutiny. >> when the irs first acknowledged apologiesed for inappropriatelyly targeting tea party groups it said the action were his limited to officials in this cincinnati field offic office. but we obtained documents showing other are irs offices around the country were involved. including two in california and headquarters in washington, d.c. what it house insist it had no idea any of this was going on. >> can you say categorically that nobody at the white house and nobody on the president political team had any knowledge or was involved in any way in the targeting of tea party groups by the irs. >> yes. >> absolutely not. >> we learn about everything we know about this from we see in your report. >>reporter: conservative aren't buying obama objective is to eliminate all opposition. >> if this isn't a gathering of an enemy list, i don't know what is. >>reporter: all this comes at white house that takes pride in being scandal free has been hammered bay series of controver
all part of an effort to single out tea party organizations that were aplaying for tax exempt status for extra scrutiny. >> when the irs first acknowledged apologiesed for inappropriatelyly targeting tea party groups it said the action were his limited to officials in this cincinnati field offic office. but we obtained documents showing other are irs offices around the country were involved. including two in california and headquarters in washington, d.c. what it house insist it had no...
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May 12, 2013
05/13
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KPIX
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any vallejo resident 16 and older can vote for ways to spend $3.2 million through a voter approved tax. the proposals vary from money for schools to new armored vehicles per emergency responders. >> we were coming out of bankruptcy. we were trying to reinvent our image. >> the first city in the country to vote on projects the city will fund even though the city council will make the final decision, voters hope their voices will be heard. >>> o. j. simpson wants to get out of jail. five years after he was sentenced to a 9 to 33-year prison term for armed robbery, simpson is going to court tomorrow -- monday to ask for a new trial. he was convicted of robbery a sports memorabilia collector. the former football star claimed he was only trying to take back what was his. now, simpson says his lawyer was incompetent and didn't tell him the district attorney offered a plea deal. >>> a connecticut school where 20 children and 6 adults were shot and killed last december will be torn down. elected officials listened to public comment about what to do with sandy hook elementary, and they received
any vallejo resident 16 and older can vote for ways to spend $3.2 million through a voter approved tax. the proposals vary from money for schools to new armored vehicles per emergency responders. >> we were coming out of bankruptcy. we were trying to reinvent our image. >> the first city in the country to vote on projects the city will fund even though the city council will make the final decision, voters hope their voices will be heard. >>> o. j. simpson wants to get out...
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May 14, 2013
05/13
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a tax exemption. i get a small amount. of we are talking millions dollars. even if taxes were at 90%, as long as that & i get to keep let me live further down the road with my standard of living, that is something the republicans have never given. "the new york times -- on benghazi -- "the wall street journal," -- closedd's "baltimore sun " -- -- "baltimore sun" -- president obama has said of the irs. we are getting your thoughts on that. in other news this morning, so here is "the washington post" -- in the politics section of about theon times," meeting president obama had with britain's prime minister -- here is what britain's prime minister had to say. [video clip] >> if we can broker a peaceful solution that leads to assad's departure but leaves syria intact that accommodates the interest of all of the religious , andthnic groups inside the bloodshed and stabilize the situation, it will be good for everybody. we are going to be very persistent in trying to make that happen. i am not promising tha
a tax exemption. i get a small amount. of we are talking millions dollars. even if taxes were at 90%, as long as that & i get to keep let me live further down the road with my standard of living, that is something the republicans have never given. "the new york times -- on benghazi -- "the wall street journal," -- closedd's "baltimore sun " -- -- "baltimore sun" -- president obama has said of the irs. we are getting your thoughts on that. in other news...
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May 16, 2013
05/13
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many people bought homes due to a consumption tax hike. exports rose 3.8%. let's get a check on markets now. u.s. stocks extended their record closing highs on the market. the dow jones posted another all time high and the nasdaq is up 0.26%, the highest level since mb 2000. for more on stocks, let's go to ramin. stocks just keep powering ahead in the u.s. how is the market opening here in tokyo? >> pretty strong performances as we have been covering in the u.s. and staying at high levels. that's despite some economic data on wednesday coming out in market consensus and the empire state manufacturing region data also. it does raise hopes the u.s. federal reserve may continue to support the world's biggest economy by continuing its asset buying program or kwaun quantit easing program. we closed above 15,000 for the first time since the last week of december 2007 here in japan. however, we just talked about the gdp data in japan that showed stronger growth. on the flip side in europe a report showed a contraction and german and french gdp data disappoint and t
many people bought homes due to a consumption tax hike. exports rose 3.8%. let's get a check on markets now. u.s. stocks extended their record closing highs on the market. the dow jones posted another all time high and the nasdaq is up 0.26%, the highest level since mb 2000. for more on stocks, let's go to ramin. stocks just keep powering ahead in the u.s. how is the market opening here in tokyo? >> pretty strong performances as we have been covering in the u.s. and staying at high...
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May 20, 2013
05/13
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FBC
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big government needs big tax collector there. lori: there is always tax fraud. are they just not able to do that part of their job? if you cannot do a job because some people did some abusive things inside the organization, that should be good news. in terms of fraud, there is real fraud. that should not be mixed up with politics and are you on the wrong side of the political divide in may, after you or you do not like the irs so they come after you. lori: a white house lawyer knew of this weeks ago and did not tell the president. what do you make of the white house reaction now? >> it is amazing that the president apparently did not know anything about anything. the real scandal is officials knew in 2012, before the election, that this stuff was going on in they let it happen. it is like steroids in baseball. they knew it was happening in they let it happen. lori: fascinating comparison. thank you. ashley: yahoo! making it official that they will bite tumblr. it is a pricey bid, no doubt. dennis neil runs it down for us. dennis: what are they really getting for
big government needs big tax collector there. lori: there is always tax fraud. are they just not able to do that part of their job? if you cannot do a job because some people did some abusive things inside the organization, that should be good news. in terms of fraud, there is real fraud. that should not be mixed up with politics and are you on the wrong side of the political divide in may, after you or you do not like the irs so they come after you. lori: a white house lawyer knew of this...
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May 14, 2013
05/13
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FBC
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the people who vote for more taxes are not the ones who pay more taxes. that is true. >> it is not true. it is not true at the city level. you do not know what you are talking about it. stuart: okay. thank you for joining us. >> it was good. stuart: we cannot get the story enough. the irs, epartment of justice, obamacare. we had to capitol hill after this the local ♪ stuart: a small incremental movement higher for the price of gasoline. look where we are now. 3.584 regular. up about a nickel in a week. could tesla be the new apple? the electric car company still climbing after raising its profits. shares right around $90 a share. blackberry chief justin out the new q10 smart phone. it will be released early next month. shares of library down a little. how about taco bell. the fast food chain is testing a waffle shall. it is $0.89. back in a moment. ♪ ome on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signature. your
the people who vote for more taxes are not the ones who pay more taxes. that is true. >> it is not true. it is not true at the city level. you do not know what you are talking about it. stuart: okay. thank you for joining us. >> it was good. stuart: we cannot get the story enough. the irs, epartment of justice, obamacare. we had to capitol hill after this the local ♪ stuart: a small incremental movement higher for the price of gasoline. look where we are now. 3.584 regular. up...
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May 13, 2013
05/13
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KNTV
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nonprofit groups enjoy a tax-free status. from time to time, the irs will make sure they are not advocating for a particular candidate, because that would violate the rules. what seems to have happened, irs investigators picked on conservative groups almost entirely. in fact, they actually looked for the words tea party or patriot in the charity name and targeted those for further investigation. >>> two powerful silicon valley leaders have quit. mark zuckerberg's brand new forward u.s., that new group, elon musk, david sax, left the group after it started funding political adds. forward u.s., originally conceived as as a proimmigration effort, to loosen the rules to bring in more skilled workers. days after it was founded, they started funding political ads for candidates sw. >> speaking of zuckerberg, it has been almost a year since this, the facebook ipo. the actual anniversary is saturday. looking ahead, cisco reports profits. s&p 500 set new records. it looks a little beige this morning but we are just getting started. we
nonprofit groups enjoy a tax-free status. from time to time, the irs will make sure they are not advocating for a particular candidate, because that would violate the rules. what seems to have happened, irs investigators picked on conservative groups almost entirely. in fact, they actually looked for the words tea party or patriot in the charity name and targeted those for further investigation. >>> two powerful silicon valley leaders have quit. mark zuckerberg's brand new forward...
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May 18, 2013
05/13
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CSPAN
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any questions about tax law goes through tax court. they run audits of about five percent per year for personal returns. there is that random audit that is the one. -- does go on. this parts that we're looking at people by their religious or whatever, it is a fallacy. host: what is it that the irs looks for or what triggers an audit? .aller: your tax return it is barcoded by the label that goes back on the tax return. it is a random audit. host: you never felt while you were working for the iran's that you were being sent out -- irs that you are being sent out based on a political affiliation? caller: i was not in on it grade i was -- i was not in on it. -- in audit. i was a revenue officer and take whatever means necessary to complete my job and protect the vested interest of the irs and treasury. host: did you feel like you were strictly law enforcement or did you feel like you were being used as a hammer? you could feel like you were hammered because you had the ability to go in and you could take people's homes, their houses and th
any questions about tax law goes through tax court. they run audits of about five percent per year for personal returns. there is that random audit that is the one. -- does go on. this parts that we're looking at people by their religious or whatever, it is a fallacy. host: what is it that the irs looks for or what triggers an audit? .aller: your tax return it is barcoded by the label that goes back on the tax return. it is a random audit. host: you never felt while you were working for the...
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101
May 14, 2013
05/13
by
KOFY
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eye 101
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get to the bottom of a scandal in which the irs admitted to singling out conservative groups seeking tax exempt status. groups with the name of tea party or patriots had the application delayed through tedious question air. >> that is outrageous. it is contrary to our tradition. and people have to be held accountable and it has to be fixed. >> the irs targeting was limited to its cincinnati branch but tonight the "washington post"is reporting irs offices in el monte and laguna niguel gel, california also singled out conservative groups exploratorium tea party that has 1800 members spread across the bay area says it does not know of any conservative groups out here that are being scrutinized. they say this behavior is reminiscent of mccarty. >> i don't know what the administration is about. they don't semi-like they are about the truth. not transparent at all. >> the tea party says it's worrisome that the government is none monitoring and targe targeting people based on the political view points. >> then today obama comes out and says if this is happening. well it did happen. it was admit
get to the bottom of a scandal in which the irs admitted to singling out conservative groups seeking tax exempt status. groups with the name of tea party or patriots had the application delayed through tedious question air. >> that is outrageous. it is contrary to our tradition. and people have to be held accountable and it has to be fixed. >> the irs targeting was limited to its cincinnati branch but tonight the "washington post"is reporting irs offices in el monte and...
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109
May 15, 2013
05/13
by
CNBC
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eye 109
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i think what we need is we need the administration, essentially tax policy and sequester policy to be amended so the fed can actually back off. that would be really healthy. the economy's growing pretty strong. and i expect the markets to move higher, through the end of the year, but i think we could get into some trouble if we don't see revenues perk up. >> doug, if i read this note about you correctly, it says you like all stocks in all markets and all classifications. are you throwing a dart at a dartboard? is that what you're doing? >> well, essentially, the market as a whole is reasonably priced. so i know you may think it's gone up too far, too fast, but we're looking at s&p, 14 1/2 times next year's numbers. we're looking at companies that are probably in the best shape, profitability wise, that they've been the decades, great balance sheets. the bottom line, in my opinion, is that investors are sitting on the sidelines with money in the mattress. and most of them can't meet their goals in a normal interest rate environment, much less a negative real interest rate environment.
i think what we need is we need the administration, essentially tax policy and sequester policy to be amended so the fed can actually back off. that would be really healthy. the economy's growing pretty strong. and i expect the markets to move higher, through the end of the year, but i think we could get into some trouble if we don't see revenues perk up. >> doug, if i read this note about you correctly, it says you like all stocks in all markets and all classifications. are you throwing...
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66
May 19, 2013
05/13
by
KPIX
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eye 66
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give her something to explain at tax time. charlie, you got-- okay. so, where's jake? sleeping at a friend's. he'll get dropped off tomorrow. oh, man. i rented a movie i thought he'd like. what'd you get? don't worry, it's educational. one million years b.c.? how is this educational? raquel welch running from dinosaurs in a fur bikini? what is that if not history?
give her something to explain at tax time. charlie, you got-- okay. so, where's jake? sleeping at a friend's. he'll get dropped off tomorrow. oh, man. i rented a movie i thought he'd like. what'd you get? don't worry, it's educational. one million years b.c.? how is this educational? raquel welch running from dinosaurs in a fur bikini? what is that if not history?